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Harmonization of Arbitration Laws in some Asian and European Countries
68-77Views:186The present paper studies the relationship between domestic and international arbitration laws and the harmonization factor amongst some Asian and European jurisdictions. During the last decades, there has been a significant change and globalization in the world and with the expansion of businesses and trade a better dispute resolution mechanism is required in order to maintain the harmony in international trade. It has become a necessity to balance the domestic arbitration laws with the international ones. This brief paper identifies and comments on some of the areas where differences remain including differences in recognition and enforcement of arbitral awards in various jurisdictions over the public policy defence, and where further examination and research to reach and solve disputes amicably might be useful.
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Opportunities and Boundaries for Criminal Law in a Risk Society : Changes in the regulatory role of criminal law in a postmodern age
99-112Views:131In the last few decades of the 20th century, the modernization of our world started to accelerate. This tendency means a transition to a second modernization. Risk society has posed new and previously unknown challenges for the decision makers of the world. As a result of it, criminal law, with its traditional instruments, often fails to provide the right response to the new types of criminal acts seriously threatening society. Therefore, there is a need for a change of paradigm. The task to be performed among the prevailing circumstances of risk society is to select those acts the frequency of which can still be effectively influenced by criminal law through the analysis of advantages/disadvantages and cost/benefit. Instruments different to those of criminal law are to be used against serious threats that cannot be influenced by criminal law – threats the seriousness of which are not yet known to a large extent.